1.  Overview the trade of GUATEMALA in goods current year until 202202

According to Dalian Infobank, in 202202, GUATEMALA's exports and imports of goods amounted to 3668.0630 million, and were up 31.43% comparing with the same period of last year. Among these, exports were up 24.96% at 1288.3606 million, and imports were up 35.22% at 2379.7024 million. And the corresponding trade deficit was 1091.3418 million and up 49.73%.

During the current year until 202202, GUATEMALA's total exports and imports of goods were 7385.9148 million and were up 34.34% comparing to the same period of last year. Among these, exports were 2490.1509 million and up 22.37%; imports were 4895.7639 million and up 41.37%. The total trade deficit was 2405.6131 million and up 68.45%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, EL SALVADOR, HONDURAS were GUATEMALA's top five trading partners. During the current year until 202202, GUATEMALA's imports and exports to five countries/territories were 2400.2139 million, 697.3379 million, 643.9884 million, 561.8127 million, 378.5072 million. These values correspond to 32.50%, 9.44%, 8.72%, 7.61%, 5.12% of GUATEMALA's imports and exports, and, respectively, were up 29.30%, up 35.95%, up 44.13%, up 31.09%, up 28.80% comparing to the same period of last year.

Current year until 202202, GUATEMALA and the top five trade partners UNITED STATES, EL SALVADOR, HONDURAS, NICARAGUA, MEXICO are the top five countries/territories that GUATEMALA exports to in terms of the total export amount. During the current year until 202202, GUATEMALA's exports to these five countries/territories were 782.7659 million, 314.2969 million, 237.5468 million, 149.9386 million, 105.8793 million. These values correspond to 31.43%, 12.62%, 9.54%, 6.02%, 4.25% of GUATEMALA's exports and, respectively, were up 24.59%, up 34.79%, up 21.56%, up 35.97%, up 31.97% comparing with the same period of last year.

Current year until 202202, GUATEMALA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, EL SALVADOR, COSTA RICA are the top five countries/territories that GUATEMALA imports from in terms of the total export amount. During the current year until 202202, GUATEMALA's imports from these five countries/territories were 1617.4480 million, 662.0323 million, 538.1091 million, 247.5159 million, 150.4966 million. These values correspond to 33.04%, 13.52%, 10.99%, 5.06%, 3.07% of GUATEMALA's total imports and, respectively, were up 31.71%, up 37.10%, up 46.79%, up 26.67%, up 33.29% comparing with the same period of last year.

During the current year until 202202, the trade surplus of GUATEMALA was mainly from NICARAGUA, HONDURAS, NETHERLANDS, EL SALVADOR, MAURITANIA at 111.0093 million, 96.5865 million, 74.0068 million, 66.7810 million, 33.0750 million, and up 34.66%, down 0.36%, up 197.78%, up 76.78%, up 336.63%. And the trade deficits were mainly from UNITED STATES, CHINA, MEXICO, INDIA, PANAMA at 834.6821 million, 626.7267 million, 432.2298 million, 106.2456 million, 96.3852 million, and up 39.17%, up 38.40%, up 50.94%, up 91.30%, up 66.21%.

Current year until 202202, GUATEMALA's trade surplus or deficit with top five countries/territories During the current year until 202202,  commodities with hs2 codes, 27, 72, 39, 85, 84, were GUATEMALA's top five traded commodities. They correspond to the import and export values of 829.5145 million, 426.6022 million, 390.5363 million, 380.0830 million, 376.1591 million, which were up 58.58%, up 64.14%, up 37.50%, up 24.73%, up 13.19% comparing with the same period of last year and account for 11.23%, 5.78%, 5.29%, 5.15%, 5.09% of GUATEMALA's total imports and exports.

During the current year until 202202, 09, 61, 08, 17, 15 were GUATEMALA's top five traded commodities, with total import and export values of 279.0500 million, 260.4239 million, 218.9023 million, 194.6946 million, 160.9058 million. These values correspond to 11.21%, 10.46%, 8.79%, 7.82%, 6.46% of GUATEMALA's total exports and, respectively, were down 0.14%, up 25.02%, up 5.60%, up 13.04%, up 69.45% comparing to the same period of last year.

During the current year until 202202, 27, 85, 84, 72, 39 were GUATEMALA's top five traded commodities, with total import values of 779.0109 million, 369.3371 million, 345.8776 million, 314.4479 million, 297.7239 million. These values correspond to 15.91%, 7.54%, 7.06%, 6.42%, 6.08% of GUATEMALA's total exports and, respectively, were up 63.02%, up 25.55%, up 11.44%, up 68.16%, up 37.70% comparing to the same period of last year.

2. Current year until 202202, GUATEMALA binational trade profile

According to Dalian Infobank, during the current year until 202202, GUATEMALA-China binational exports and imports of goods amounted to 697.3379 million and were up 35.95% comparing with the same period of last year. Among these, exports from GUATEMALA to China were 35.3056 million and up 17.47%, imports from China to GUATEMALA were 662.0323 million and up 37.10%. The total binational trade deficit was 626.7267 million and up 38.40%.

During the urrent year until 202202, commodities with hs2 code, 72, 85, 84, 87, 29, were binational trade's top five traded commodities. They correspond to import and export values of 101.4865 million, 75.2831 million, 74.1525 million, 64.7434 million, 40.8287 million and makes up 14.55%, 10.80%, 10.63%, 9.28%, 5.85% of the total binational imports and exports. These values were also up 34.02%, up 46.75%, up 38.90%, up 13.50%, up 87.56% comparing to the same period last year.

During the current year until 202202, 72, 26, 74, 61, 17 were the top five traded commodities exported to China from GUATEMALA, with export values of 26.0699 million, 6.7216 million, 0.5505 million, 0.5136 million, 0.5130 million. These values account for 73.84%, 19.04%, 1.56%, 1.45%, 1.45% of GUATEMALA's total exports and were up 38.36%, up 728.94%, up 404.70%, down 76.94%, down 68.15% comparing to the same period of last year.

During the current year until 202202, 72, 85, 84, 87, 29 were GUATEMALA's top five traded commodities importing from China , with import values of 75.4166 million, 75.2828 million, 74.1307 million, 64.7434 million, 40.8287 million. These values account for 11.39%, 11.37%, 11.20%, 9.78%, 6.17% of GUATEMALA's total imports and were up 32.58%, up 46.75%, up 38.86%, up 13.50%, up 87.56% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: National Statistics Institute